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Alternative Power Generation Stocks$84.55
1.81%4:00PM 07/01/2022
The list of companies include AY-Atlantica Sustainable Infrastructure Plc, AZRE-Azure Power Global Ltd, CWEN-Clearway Energy Inc, ELLO-Ellomay Capital Ltd, MAXN-Maxeon Solar Technologies Ltd, ORA-Ormat Technologies Inc, RUN-Sunrun Inc
Latest intraday update before market close @ 19:45:33 PM 07/01/2022
Summary :
Average return is up 1.6%
Median return is up 2.2%
7 out of 9 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Alternative Power Generation stocks up 1.8% on average while median return up 2.3% in a day
  • Alternative Power Generation stocks up 0.8% on average while median return up 1.1% in a week
  • Alternative Power Generation stocks down 1.6% on average while median return down 3.0% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
AY5.4%
5.2%
5.7%
0.672.483.753.8B6%48%60-/\131-0.1%
RUN4.3%
-3.4%
-3.3%
-35.12-4.761.7410.275.1B23%95%51/\261-0.2%
NEP3.2%
1.1%
6.1%
0.472.305.936.4B3%84%59-/\Above resistance131-0.1%
AZRE2.7%
-11.5%
-16.4%
-1.620.050.09566M12%97%43/\261-0.2%
CWEN2.3%
1.3%
2.8%
260.451.734.404.1B3%93%57/\/\Above resistance131-0.0%
ORA2.2%
11.4%
-4.2%
69.035.612.015.39-41%4.5B11%91%57\/\-1310.0%
BIP1.9%
5.0%
-3.0%
1.083.871.7571%11.9B58%50/\At resistance54-0.2%
ELLO-1.5%
-3.3%
-4.5%
-16.213.1340.11279M27%43\/\79-0.2%
MAXN-4.1%
-1.5%
8.1%
1.04569.7M12%33%51/\-\94-0.2%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $MAXN 8.1%, $NEP 6.1%, $AY 5.7%, $CWEN 2.8%
  • 1M losers are : Losers for past month are $RUN -3.3%, $ORA -4.2%, $ELLO -4.5%, $AZRE -16.4%
  • 1W winners are : Winners for past week are $ORA 11.4%, $AY 5.2%, $BIP 5.0%, $CWEN 1.3%
  • 1W losers are : Losers for past week are $MAXN -1.5%, $ELLO -3.3%, $RUN -3.4%, $AZRE -11.5%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 45.5%, for the past 3 months is 41.3%

In the past month for a 5 days rolling window, the highest corrrelation is 71.4%, the lowest correlation is -3.9%, the latest correlation is 40.5%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 88.9% between CWEN and NEP

The lowest correlation is -28.5% between ELLO and RUN

Stock news

    07/1/2022NEP
    Stock Market Closes Higher On First Day Of July; Defensive Stocks Lead As Recession Fears Loom

    The stock market gained Friday even as more economic data pointed to a looming recession. Utility stocks soared.

    06/30/2022NEP
    NextEra Energy (NEE) Gains As Market Dips: What You Should Know

    In the latest trading session, NextEra Energy (NEE) closed at $77.46, marking a +1.92% move from the previous day.

    06/30/2022NEP
    Ormat Technologies (ORA) Stock Jumps 5.9%: Will It Continue to Soar?

    Ormat Technologies (ORA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

    06/28/2022NEP
    7 Growth Stocks to Buy After the Market Crash

    The 2022 bear market is in the middle-to-late phase. Consumer confidence is at an all-time-low level. March 2022’s stock market rebound tricked investors into thinking that buying the dip would work. Between April and May, markets tried to rally. Each time, sellers emerged in droves. The selling throughout this year triggered a bear market with a loss of 20% from the high. This negative crowd might lead to a market crash next. The macroeconomic weakness is only intensifying. The Federal Reserve

    06/28/2022BIP
    Here's a Stock Split That You Probably Missed Entirely

    It's easy to get distracted by bigger names, but the returns on this stock have been phenomenal.

    06/27/2022NEP
    NextEra Energy (NEE) Stock Moves -0.17%: What You Should Know

    In the latest trading session, NextEra Energy (NEE) closed at $77.89, marking a -0.17% move from the previous day.

    06/27/2022NEP
    Unitil (UTL) Surges 5.1%: Is This an Indication of Further Gains?

    Unitil (UTL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

    06/27/2022NEP
    This Dividend Aristocrat Wades Deeper Into Water

    NextEra Energy (NYSE: NEE) is in an elite group. It's one of the 65 companies qualifying as a Dividend Aristocrat, S&P 500 components that have increased their dividend for at least 25 straight years. The company is currently up to 26 consecutive years of dividend increases and is one of only three utilities to make the cut.

    06/26/2022NEP
    This High-Yield Dividend Aristocrat Is Making a Surprising Move

    Consolidated Edison (NYSE: ED) is an elite dividend stock. Add in its nearly 3.5% dividend yield -- well above the S&P 500's 1.6% yield -- and Consolidated Edison is one of the more appealing dividend stocks in the energy sector. One power source that has helped grow the company's dividend in recent years is its large-scale renewable energy portfolio.

    06/26/2022NEP
    3 High-Yield Dividend Stocks You Won't Want to Overlook

    Dividend stocks can be a great way to make some passive income. The higher a stock's dividend yield, the more income the investment can produce. While investors still need to be cautious when buying higher-yielding dividend stocks because they can be at a higher risk of a dividend reduction, there are several excellent options.